New Zealand December Food Price Index (MoM) increase to 1.2% vs -0.1%

Feb 13, 2014

US stocks posted gains after recovering initial losses

Wall Street rose on Thursday despite weaker than expected retail sales data but fueled by strong earnings reports. Stocks recovered from initials losses and closed at 3-week highs.

Session Recap: Bad day to be a USD bull

The US dollar extended losses on Thursday against its major competitors as investors were thinking the Fed will be reluctant to extend tapering amid the latest set of news. Worst-than-expected retail sales and jobless claims reports pushed the Greenback under pressure.